The Japanese automakers confirmed the partnership early Friday, after which Trump tweeted it was “a great investment in American manufacturing.” This comes after Trump warned Toyota in January that he would impose a hefty fine if it opted to make cars for the U.S. market in Mexico, Reuters reported.
Trump also took a moment to remind his followers that Asian manufacturer Foxconn signed a deal last week to build a $10 billion display panel manufacturing plant in Wisconsin that would create some 3,000 jobs.
While the president told small business owners Tuesday that Foxconn CEO Terry Gou told him the company would invest as much as $30 billion in the U.S., Foxconn has not confirmed that figure, according to AP.
- Here's Where All The Strongest Hurricanes Have Hit the U.S. in the Past 50 Years
- 2022 Time100 NEXT: TIME’s List Of Emerging Leaders Who Are Shaping the Future
- Industrial Farming Causes Climate Change. The ‘Slow Food’ Movement Wants to Stop It
- Here Are the 12 New Books You Should Read in October
- Artist Oliver Jeffers Wants to Paint the World Out of a Corner
- A Vibrant North Korean Community in London Finds Its Days Are Numbered
- COVID-19 Vaccines Can Make Periods Longer, Study Says
- Column: What Happened When My Entire Family Came Out